The best contacts are those who also value growing their networks and who are clear on their business needs (e.g., funding, partnerships, access to deals, vendor recommendations, etc.).

@Josh Randall thanks for asking, I should get a better idea over the coming month, your point about experience, one of them has been in the business for close to 20 yrs, and did very well until the music stopped, the euphoria of the crazy returns got to many, and the game changed from running properties well to flipping properties fast, Asset management wasn't given the attention it deserves because you were in and out before it mattered.

More standard income variations are: asset depletion (using reserve distributions as the proposed income) or average personal or business bank statement deposits over a 12-24-36 month period. 

If you have the cash, proof of funds is easy: Screenshot a bank balance or provide a recent bank statement.If you have a legitimate hard money lender who has underwritten the deal and confirmed you have the down payment and cash to close, they should be able to provide you a letter stating exactly that.If you have neither, then you have no business making an offer in bad faith and trying to tie up the seller's property.Also (and this is crucial and a common rookie mistake) - Don't send a "cash" offer to the title company and then neglect to tell them about your hard money lender.

I own a hard money business and we never ask for payments prior to closing on the loan.

I have customers come into my business and pay by credit card.  

Contracting is a business , the salesman is there to sell a roof to the customer for the most he can get .

My W2 income is >$550k/year, if I build an RV/Boat storage facility, will my storage business expenses/losses be able to reduce my W2 taxable income? 

One lender may require the cash out be used for business purpose exclusively, another may not have the same guidelines. 

I have a group of guys from out of state that want me to be their agent in buying, improving and flipping land. I am wondering how and what is going to be the best way to set it up? I will want to invest in deals myse...